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The Southern Illinoisan
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bedrooms Pending
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
9,534
acreage
Acreage
0.5481
open houses
Open Houses
-
year built
year built
1955
full baths
Full Baths
0
half baths
Half Baths
0
DO NOT DISTURB TENANTS. Prime investment opportunity! The retail center at 2608-2616 Telegraph Rd in the Affton-Lemay area features four long-term established tenants with leases, providing steady income and stability. Current lease rates are below market, offering significant value-add potential. This center encompasses two buildings totaling +/-9,500 SF and sits on a paved lot with 20 parking spaces and features a roof replaced within the last 10 years, along with recent updates to tuckpointing, awnings, and HVAC systems. Tenants cover electric, gas, water, and trash expenses. Strategically located near major roads and amenities, this property combines solid cash flow with room for increased returns, making it an excellent addition to any investor’s portfolio.
Location
Subdivision Carondelet Commons
County St Louis
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 25002005
Listing agent: Jack Cleary #2021044067
Listing broker: Re/Max Results (314) 781-7777
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, January 17 2025 at 6:25 p.m. EST
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